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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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HomeForumsMortgage Brokers & LendersDeed transfer - will it hurt my credit?
Corbin Jones's profile image
Corbin Jones's profile image
Corbin Jones
  • Rental Property Investor
  • from Joplin, MO
  • Member since Jun 20, 2017
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Corbin Jones's profile image
Corbin Jones's profile image
Corbin Jones
  • Rental Property Investor
  • from Joplin, MO
  • Member since Jun 20, 2017
Connect
Corbin Jones
  • Rental Property Investor
  • Joplin, MO
9
Votes |
65
Posts
Mortgage Brokers & Lenders

Deed transfer - will it hurt my credit?

Corbin Jones
  • Rental Property Investor
  • Joplin, MO
Posted Apr 22 2020, 21:19

Hello, I have a piece of land in Arkansas on a mortgage and a home in wisconsin that's on a mortgage, both through banks. If I quit claim these out of my personal name into an LLC, will this hurt my credit by closing accounts in my personal name?

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